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Jim Cramer: Outcome of deal hinges on buyer dynamics today
Jim Cramer, host of Mad Money at CNBC, observes that uncertainties around buyer participation and deal control are key in today's market activity. He indicates that answers regarding whether there are enough buyers, too many buyers, or if there is control over the deal will emerge by 3 p.m. today.
Cramer recently highlighted Berkshire Hathaway's purchase of Taylor Morrison as a small deal that could reveal value in homebuilder stocks, according to a recent note. He has also pointed to a large, unexpected sale of Google shares as a possible test of current market sentiment. Both events add to his focus on shifts in buyer activity and deal flow.
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